Yeah, I’m just chilling with my option selling — no stress. Once that OTM put lost support, no clean buying setup for me, so I’ve just been sitting comfortably as a seller. And yes, for the hundredth time — I trade based on my own dynamic S/R levels, not because someone out there is chanting random numbers like it’s gospel. 😂
My playing field? Already posted — of 26th June expiry. It’s out there.
Yes, OTM Put lost It Supports!!! Let me say it again (since some clearly missed it the first few times 😅): we are in a bullish zone with minor bearish dips – exactly what I’ve been pointing out since the last week of April. But sure, keep acting surprised.
Now, for those screaming “26K! 26K!” like it’s some magical insight – relax. It’s not prophecy, it’s just basic alignment with the interest rate cycle. In fact, if the cycle supports, we might even see 27K this year. But yeah… let’s not forget the economy isn’t throwing a party either. Correction? Oh, it’s coming – this year or next.
But here’s where it gets fun: anyone can throw around big numbers. The real game? Predicting when to enter, when to stay out, and how to avoid trash trades. That’s the part most conveniently skip.
Instead of chanting “26K” on loop like a broken record, maybe try offering some microtrend views – expiry-based, S/R, market structure… you know, actual trading insight. But hey, that’s not everyone’s lane.
And for the record – my past calls? Still up. Still public. Feel free to scroll back and count how many times I got it wrong. Spoiler: not often. 📉📈😉
NIFTY The elliptical area doesn't seem to be a motive rather a correction within a correction - short term increase can be on the cards upto the test of 24,982 ~ 25K.